Bio: Martin Armstrong - Former Head of Princeton Economics Ltd.

Martin Armstrong (born November 1, 1949) in New Jersey the son of a lawyer and Lt. Col under General Patton in World War II. His full biography is on line. In short, Martin was encouraged by his father to get involved in computers during the mid-1960s. As a teenager, Armstrong worked at a rare stamp and coin dealership and became a millionaire at age fifteen. He then opened his own store at age twenty-one. He completed engineering both in hardware and software but he returned to gold business that he had first began working while in High School to earn money for a family trip to Europe in 1964 for the summer. He continued to work on weekends through high school finding the real world exciting, for this was the beginning of the collapse of the gold standard. After studying historical gold prices, he developed a cyclical theory of commodity prices and began a company, Economic Consultants of Princeton. Silver was removed from the coinage in 1965 and by 1968 gold began trading in bullion form in London. The gold standard collapsed entirely in the summer of 1971 and gold became legal to trade in America in 1975 in bullion form.

Armstrong began exploring financial panics after witnessing the Crash of 1966. He went on to develop timing models that have been the subject of many press articles - the Economic Confidence Model. Armstrong's discovery of this cycle was called The Secret Cycle by the New Yorker Magazine and this model had stunning accuracy and had pinpointed changes in the economy right to the day. In Time Magazine, Justin Fox wrote that Armstrong's model "made several eerily on-the-mark calls using a formula based on the mathematical constant pi." (Pg 30; Nov. 30, 2009).

Princeton Economics International, Ltd. established offices in Paris, London, Tokyo, Hong Kong, and Sydney, Australia employing about 240 people around the world. In 1983, the Wall Street Journal cited him as the highest paid advisor. He became one of the top currency analysts and his work was requested by the Presidential Task Force (Brady Commission) investigating the 1987 Crash. The firm rose to be perhaps the largest multinational corporate advisor in the world and by the 1997 Asian Currency Crisis, Armstrong was invited by China and he flew to Beijing to advise the Central Bank.

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